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THE UNIVERSITY OF IOWA Statement of Federallytitled Equipment Status As of ___ (Date)ASSET INFORMATION UI Tag #___FUNDORGSerial #___DEPT SDEPTGRNT/PROGOACTModel #___DACTFNCCTRAmountDescription___
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How to fill out statement of federally-titled equipment

01
Gather all necessary information and documentation related to the federally-titled equipment.
02
Start by completing the basic information section of the form, including the name of the equipment, serial number, and acquisition date.
03
Provide details about the funding source used to acquire the equipment.
04
Fill out any additional information requested on the form, such as maintenance records or usage history.
05
Review the completed form for accuracy and completeness before submitting it for processing.

Who needs statement of federally-titled equipment?

01
Any individual or organization that owns or manages federally-titled equipment may need to fill out a statement of federally-titled equipment.
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A statement of federally-titled equipment is a document that reports the status and details of equipment that is owned by the federal government and subject to federal regulations.
Organizations or entities that receive federal funds and possess equipment titled to the federal government are required to file the statement.
To fill out the statement, you must provide details such as the description of the equipment, federal title number, purchase date, location, and any modifications or statuses pertaining to the equipment.
The purpose of the statement is to account for federally-titled equipment, ensure proper management, facilitate audits and compliance, and maintain an accurate inventory for federal reporting.
The information required includes the equipment description, identification number, acquisition date, location, current condition, usage, and any changes to the property.
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